Jamdat Mobile’s First Earnings After Going Public; In Profits

Jamdat Mobile, the LA-based mobile gaming and content company, has announced its first quarterly results after going public in September…
Revenues for Q3 totaled $9.5 million, an increase of 133% over the $4.1 million in the year-ago quarter. Net income was $8,000, compared to a net loss of $949,000 in the prior year period.
For upcoming Q4, Jamdat expects revenues of approximately $10.6 million, compared to $5.2 million in the prior year period; earnings of approximately $0.01 per diluted share, compared to a loss of ($0.63) per diluted share in the prior year period; and adjusted earnings of approximately $0.04 per diluted share, compared to an adjusted loss of ($0.39) per diluted share in the prior year period.

Comments have been disabled for this post